47718
F 1622 FIBRA MACQUARIE MEXICO
Jul 11, 2024
Mexico
Latin America and the Caribbean
Dec 20, 2023
B - Limited
Active
Jul 25, 2024
Regional Industry MAS LAC & EUR
other
Approved : Dec 20, 2023
Signed : Jun 28, 2024
Invested : Jul 22, 2024
other
FIBRA Macquarie Mexico (FIBRA MQ) is a publicly listed Mexican real estate investment trust with a US$1.3 billion market capitalization, headquartered in Mexico City that primarily focuses on the acquisition, development, leasing, and management of industrial real estate assets.
The proposed project entails an up to US$150 million sustainability linked “A” loan with a tenor of up to seven years to FIBRA MQ to develop its 2023–2025 investment program in industrial parks. This includes the development of new green industrial assets in markets such as Mexico City Metropolitan Area, Monterrey, Ciudad Juarez, Reynosa, and Tijuana for a total of 2 million square footage in gross leasing area (GLA). It also includes energy efficiency upgrades in existing properties through IFC’s Green Pathways for Real Estate Institutional Portfolios (GRIP) decarbonization program (both capital expenditure and advisory initiatives together are defined as the Project).
FIBRA MQ’s work with IFC under GRIP will support the reduction of GHG emissions and promote sustainable growth.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
https://worldbankgroup-my.sharepoint.com/personal/pharriague_ifc_org/_layouts/15/onedrive.aspx?FolderCTID=0x01200097DAA70224999C45BCB14DB2F5E32891&id=%2Fpersonal%2Fpharriague%5Fifc%5Forg%2FDocuments%2FDocuments%2FClientes%2FFibra%20Macquarie